SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV) Reaches New 12-Month High – Time to Buy?

SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $43.48 and last traded at $43.4290, with a volume of 44137 shares changing hands. The stock had previously closed at $43.36.

SEI Enhanced U.S. Large Cap Value Factor ETF Stock Down 0.0%

The company’s 50-day moving average is $41.75 and its 200 day moving average is $39.58. The company has a market cap of $758.45 million, a price-to-earnings ratio of 13.06 and a beta of 1.03.

SEI Enhanced U.S. Large Cap Value Factor ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 30th. Investors of record on Monday, December 29th were issued a $0.1785 dividend. This represents a $0.71 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend was Monday, December 29th. This is a positive change from SEI Enhanced U.S. Large Cap Value Factor ETF’s previous quarterly dividend of $0.13.

Institutional Trading of SEI Enhanced U.S. Large Cap Value Factor ETF

Several institutional investors have recently bought and sold shares of SEIV. Bank of America Corp DE raised its stake in shares of SEI Enhanced U.S. Large Cap Value Factor ETF by 197.5% during the 4th quarter. Bank of America Corp DE now owns 1,410 shares of the company’s stock worth $47,000 after buying an additional 936 shares during the period. Royal Bank of Canada increased its holdings in SEI Enhanced U.S. Large Cap Value Factor ETF by 149.3% in the 1st quarter. Royal Bank of Canada now owns 16,499 shares of the company’s stock worth $536,000 after acquiring an additional 9,882 shares in the last quarter. Concurrent Investment Advisors LLC acquired a new position in SEI Enhanced U.S. Large Cap Value Factor ETF during the second quarter worth $275,000. Whipplewood Advisors LLC lifted its holdings in SEI Enhanced U.S. Large Cap Value Factor ETF by 1,297.9% during the second quarter. Whipplewood Advisors LLC now owns 8,527 shares of the company’s stock valued at $304,000 after purchasing an additional 7,917 shares in the last quarter. Finally, Petra Financial Advisors Inc. lifted its holdings in SEI Enhanced U.S. Large Cap Value Factor ETF by 1.6% during the second quarter. Petra Financial Advisors Inc. now owns 32,575 shares of the company’s stock valued at $1,163,000 after purchasing an additional 510 shares in the last quarter.

About SEI Enhanced U.S. Large Cap Value Factor ETF

The SEI Large Cap Value Factor ETF (SEIV) is an exchange-traded fund that mostly invests in large cap equity. The fund actively selects US large-cap stocks that are perceived to be at a discount relative to their fair valuation. SEIV was launched on May 18, 2022 and is managed by SEI.